All systems go
New Siemens oil and gas CEO Thorbjoern Fors says that every fuel source and technology should be in the energy mix as the world economy strives towards carbon neutrality
Thorbjoern Fors became the CEO of the oil & gas division of Siemens Energy on 1 April 2020, just as Petroleum Economist was going to press. Taking the helm of the division starts the latest chapter in his 17-year career in the German industrial giant—and also represents the latest corporate milestone in the establishment of a new independent pure-play energy services company. Siemens announced last year that Siemens Energy is to be spun off as a publicly listed company by September 2020. It will address almost the entire value chain across the oil and gas, power generation and power transmission segments. The mechanical engineer has more than 25 years of international experience in busin
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.






